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DA hike: Why is there delay in DA hike announcement and when can government make it?DA hike announcement: Central government employees are eagerly anticipating an announcement regarding a dearness allowance hike, which rema...
Eternal’s strong Q2 report; Exits outpace hiring at top IT firmsHappy Thursday! Eternal’s Q2 revenue surged on Blinkit’s growth. This and more in today’s ETtech Morning Dispatch.
Software majors delete 24,000 jobs across IT and engineering in a yearOver the last one year, Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTIMindtree collectively recorded 92,00...
Gratuity calculator: What can be your gratuity on Rs 50,000 last-drawn pay and 10 years of service?Gratuity is an essential payment made by employers in recognition of employees' long-standing loyalty and service. Typically, employees qua...
Infosys, TCS and Cognizant cut H-1B lottery registrations as Trump tightens US visa rulesInfosys, Tata Consultancy Services (TCS) and Cognizant registered far fewer candidates for the US H-1B visa lottery for fiscal year 2027, a...
Company townhall and results can tell 2 different tales; here's what to check if you are worried about your next hike or promotionKeep manager’s reassurance and employer’s financials apart, says Devashish Chakravarty. Every three months, listed companies must disclose ...
Postal employees’ annual bonus for 2025-26: Check how much regular staff and Gramin Dak Sevaks can getThe central government has unveiled a Performance Linked Bonus for postal employees for the fiscal year 2025-26. This bonus will be equival...
Software majors add more hands in Q2 on deal wins, growth optimismData showed the top six had added a net 5,500 to their rolls in the April-June quarter. Employee data of Infosys, the country’s second-larg...
IT's time to celebrate when chips are down; Nifty IT soars 11.7% to log biggest weekly rally since 2008The Indian IT sector experienced an impressive surge, achieving its highest weekly increase in 18 years, driven by unexpectedly strong quar...
Zoho’s Vembu refuses to lay off people even as AI squeezes SaaS companiesThe cofounder and chief scientist of the SaaS firm said Zoho retrains people to deploy on new products or helping customers better, when AI...
Survey reveals Wall Street firms are linking bonuses and promotions to AI competency among employeesAs artificial intelligence reshapes the landscape of Wall Street, its expertise is increasingly tied to salary and promotions in financial ...
Wall Street firms tie bonuses, promotions to AI skills, survey findsAI capabilities are rapidly gaining importance on Wall Street, with a growing trend of companies tying compensation to AI expertise. Approx...
If AI saves two hours a day, where did those hours go?AI can help employees work faster, but higher efficiency does not necessarily mean a lighter workload or more time for strategic thinking. ...
HCLTech's Q2 net profit up 21% to Rs 5,132 crore; revenue climbs 11%The strong numbers guided India's third largest software services company to raise the lower end of the revenue forecast for the full year ...
‘Please pray for us,’ says Sridhar Vembu as Zoho skips pay hikes amid rising AI costsVembu said that the company has also gone 18 months without growing its employee count and is looking to avoid mass layoffs.
Zoho skips pay hikes, cites raised AI costs and geopolitical backdropIn a recent statement, Zoho's founder Sridhar Vembu announced that the company will not implement salary hikes for its employees. This deci...
US suspension of PERM applications unlikely to impact Indian IT firms significantly: KotakThe US suspension of PERM processing for six major Indian IT companies is unlikely to materially affect their operations or earnings, Kotak...
Don't see US acting against tech companies based on their domicile: TCSTCS does not expect the US to target technology companies based on whether they are Indian or American, with CEO K Krithivasan saying recen...
‘You have a green card of your own’: US' new PERM rules expose a job trap of 'rewards' that employees get stuck in for years, warns IIM alumnusAn IIM Lucknow alumnus has drawn a parallel between the US green card restrictions affecting Indian professionals and a career trap that ma...
Mastek shares defy weak markets, gain 3% after Staffordshire County council picks company for Oracle Cloud transformationMastek shares witnessed an uptick on Thursday despite weak market sentiment after its UK subsidiary was selected by Staffordshire County Co...